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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Mohamed97 who wrote (8620)4/11/1997 2:41:00 PM
From: Smart Investor   of 9477
 
Hi folks, do not get angry. The market is inefficient and crazy in the short term. Look at stocksmart.com . SIII is currently traded at 40% discount to its sector, its forward PE is only 9. It will not be long that some smart mutual fund managers will discover this gem and buy a truck load of it. We have to be patient. I am confident that SIII will be back to the 20s in 6-12 months. Demand for graphics chip will only increase with more high-end PC getting into the workstation arena. Also, Intel is having its hand full with AMD and CYRIX. There is no way Intel will get into the graphics card business as some people indicated a long time ago. I have a large position in SIII, and I am very patient to get my reward.
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